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spending reductions on for structure and modernization while still making a significant contribution to deficit reduction. i contrast, the cuts required by sequester afford neither time nor flexibility. these dramatic cuts would certainly require reductions in would have long been considered core military capabilities and changes in the traditional role in missions among the uniformed services. we will have to take a critical look at our military capabilities and ensure that our core structure and modernization plans are directly and truly aligned with the present strategy. that includes taking a new look at how we define and measure readiness and risk. and factor both into military requirements. it also includes balancing the competing demands of capacity and capability. how much of any given platform we need and how much capability it needs to have to fulfill in real-world missions. the size and shape needs to be constantly reassessed come a mix of conventional and unconventional capabilities, general purpose and social operations units, and the appropriate balance between forward stations, r
spending reductions on for structure and modernization while still making a significant contribution to deficit reduction. i contrast, the cuts required by sequester afford neither time nor flexibility. these dramatic cuts would certainly require reductions in would have long been considered core military capabilities and changes in the traditional role in missions among the uniformed services. we will have to take a critical look at our military capabilities and ensure that our core structure...
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we've never had a trillion dollar deficit. >> we're running trillion dollar deficits. the way you get rid of it is a billion at a time. >> it's almost designed to create waste. the system will have to change for the waste generation to slow down some. >> i think you'll find both sides, my party, the left will be saying no changes to entitlements whatsoever. the far right, they'll be saying no revenue whatsoever. what needs to happen, what ultimately will happen will be something somewhere between the 40-yard line. >> when reagan was president and tip o'neill was speaker of the house, and those are both extremes of both of the parties at the time, but they were willing to compromise and do something for the good of the american people. >> no amount of waste is acceptable, not when it's your money. what should be easy is getting rid of the pointless waste and stupid spending that doesn't benefit anybody. >> it's not acceptable if it really constitutes waste. >> you can't be 100% efficient all the time. but i think the level that the waste is at is unacceptable. >> i don'
we've never had a trillion dollar deficit. >> we're running trillion dollar deficits. the way you get rid of it is a billion at a time. >> it's almost designed to create waste. the system will have to change for the waste generation to slow down some. >> i think you'll find both sides, my party, the left will be saying no changes to entitlements whatsoever. the far right, they'll be saying no revenue whatsoever. what needs to happen, what ultimately will happen will be...
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we've experienced deficits over $1 trillion a year. >> we're running trillion dollar deficits, the way you get rid of it is a trillion dollars at a time. >> the system has to change for the wests generations to slow down some. >>i think you will find both sides, my party has to is a no to entitlements and on the far right they will say no revenue whatever so ever. it will be between the 40-yard line. >> when reagan was president and tip o'neill was speaker of the extreme of is the both parties but they were willing to compromise for the good of the people. >> we need to get rid of the stupid spending that does not benefit anybody. >> it is not accept fabble it constitutes waste. >> you can't be efficient all of the time but the level it is at is unaccept. >> there is no question that our government's waste go beyond anybody's normal definition of acceptable. >> so i asked you, mr. president, how do we get rid of the debt and restore generations in this great country of ours? >> you can find this video and the other winning documentaries at studentcam.org. >> coming up on c-span, presid
we've experienced deficits over $1 trillion a year. >> we're running trillion dollar deficits, the way you get rid of it is a trillion dollars at a time. >> the system has to change for the wests generations to slow down some. >>i think you will find both sides, my party has to is a no to entitlements and on the far right they will say no revenue whatever so ever. it will be between the 40-yard line. >> when reagan was president and tip o'neill was speaker of the extreme...
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Apr 5, 2013
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the problem is the biggest deficit this country has -- a leadership deficit. we do not have leadership. our political system as a republic is not responsible because of gerrymandering, because of the impact on the wingnuts on the right and left on primaries, because of campaign finance reform, and a lack of term limits. we will have to defuse this ticking time bomb. but congress and the president had failed to deal with this issue and because the president and congress decades ago changed the fed's mission to require it to be concerned with short-term unemployment, which politicized the fed. when we get a grand bargain and we implement this in phases, then the fed needs to change course and we need to get rid of the fed having to be concerned with short-term unemployment. that is not its job. thank you very much. >> a lot of agreement there, especially when you say that one of our biggest deficits is a leadership deficit. total agreement. i want you to ask your questions, but before we move on, i am dying to ask david stockman question related to looking back.
the problem is the biggest deficit this country has -- a leadership deficit. we do not have leadership. our political system as a republic is not responsible because of gerrymandering, because of the impact on the wingnuts on the right and left on primaries, because of campaign finance reform, and a lack of term limits. we will have to defuse this ticking time bomb. but congress and the president had failed to deal with this issue and because the president and congress decades ago changed the...
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Mar 29, 2013
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that might be more important than knowing how they feel about the deficit. >> but the camera always lies. i don't believe for one second look, you read a landmark book. it has been 40 years that we have been dealing with this phenomenon. the nixon-kennedy bates. we are -- debates. we are trusting image. >> no, there are truths here. kennedy was more likable than nixon. even nixon liked kennedy more. [laughter] >> many of the things occurred, he might not have been more likable. >> let's get another question. >> hi. as a former longtime print reported that handles social media on a new site, i'm curious. you talk about the speed driving the decision making process. the other thing you did not get of bigs the impacts data, our understanding of the stories that people want to watch. part of what is driving the infotainment interest is that what are the audiences are showing in a very hard to refute way what they want to follow. it is him is like big data in understanding the hard numbers of social media and seo are changing. they are going with the money us. -- is. rue.hroug that happened t
that might be more important than knowing how they feel about the deficit. >> but the camera always lies. i don't believe for one second look, you read a landmark book. it has been 40 years that we have been dealing with this phenomenon. the nixon-kennedy bates. we are -- debates. we are trusting image. >> no, there are truths here. kennedy was more likable than nixon. even nixon liked kennedy more. [laughter] >> many of the things occurred, he might not have been more...